This provides a comprehensive insurance cover against sudden and unforeseen physical loss of or damage to Machines and equipment as result of causes such as short – circuit, over – voltage surges etc. and any other cause(s) not specifically excluded.
This policy provides owners and or financiers with a cover against unforeseen and sudden physical loss or damage from fire and allied perils breakdown, short circuiting etc to equipment such as Computers, Medical, Bio-Medical, Micro Processors, Audio-visual equipment etc.
The policy indemnifies the insured for loss of profits and/or additional expenses incurred following the loss or damage to the insured machinery caused by an insured peril.
This policy covers the continuing business expenses (standing charges), salaries and wages arising from Thermal Risks affecting the Machinery and Equipment of the insured. It may be extended to cover the net profit and increase in cost of working. Let us help you today.